Circle Wants to Own Crypto’s Financial Stack, but Tether Still Owns the Dollar
Circle is building a four-layer financial stack around Arc, its new blockchain that settles in under a second with fees paid in USDC, backed by an OCC national trust bank approval and partners including Goldman Sachs, Mastercard and Visa. Tether still dominates supply, with USDT near $184 billion against USDC's $73 billion.
DeFi Intel is an entity-graph aggregator: we curate, tag and link crypto news to a typed knowledge graph of protocols, tokens, people and incidents. We do not republish the full article body. Use the link above to read the original report at Beincrypto.com.
Entities in this story
Want the full article?
Continue reading on Beincrypto.com →